Cooperation Offer of Free Economic Zone «Bishkek»

General Directorate of FEZ "Bishkek" is proud to offer its cooperation in the sphere of investment of foreign capital in the Kyrgyz Republic, accommodation for business proposals for the territory of the free economic zone "Bishkek".

Free Economic Zone "Bishkek" - part of the territory of the Kyrgyz Republic, determined by the legislation of the Kyrgyz Republic, where a special (special legal) regime of economic activity by FEZ subjects acts. FEZ "Bishkek" is one of the most developed economic areas in Kyrgyzstan and has a great potential for business development, support for entrepreneurs and increase the invested capital.

In order to highlight the conditions of conducting investment and entrepreneurial activity in the free economic zone "Bishkek", please assist in attracting investments, expanding business opportunities, development of economic relations, participation in seminars, round tables, forums, exhibitions, and other joint activities in the field of activity of FEZ "Bishkek", the exchange of commercial offers and information on issues of mutual interests of potential partners with economic opportunities.

- Information on the FEZ "Bishkek":

Free economic zone “Bishkek” is formed in July, 1995 located in the Chui valley, placed at three sites with total area of 346, 09 Ha, including:

on the territory of National Exhibition Center in the city of Bishkek on a plot of 43 Ha;

in Ak-Chiy village of Alamudun region of Chuy oblast 10 km north of Bishkek city on a plot of 203,09 Ha;

in Kara-Balta town of Jaiyl region of Chuy oblast on a plot of 100 Ha.

General Directorate leases land:

on the territory of the “Ak-Chiy” FEZ “Bishkek” there are 68 hectares of free land;

on the territory of the “Kara-Balta” FEZ “Bishkek” site there are 77 hectares of free land.

The objectives of the creation of FEZ "Bishkek" are to promote economic and social development of the city of Bishkek and Chui region, providing favorable conditions for attraction of investments, technologies, creation and development of productions, transport infrastructure, modern industrial and social infrastructure, jobs, saturation market with goods, increasing living standards of population.

Relations arising in connection with the FEZ "Bishkek" activities and registration of legal entities as subjects of FEZ "Bishkek" are regulated by the Law of the Kyrgyz Republic"On free economic zones in the Kyrgyz Republic", the tax legislation of the Kyrgyz Republic, legislation in the field of customs, other regulatory legal acts of the Kyrgyz Republic, and international treaties, which entered into force in accordance with the law, a party to which is the Kyrgyz Republic.

The subjects of FEZ are subject to the guarantees of the rights of investors and investment protection provided by the legislation of the Kyrgyz Republic on investment activities.

On the territory of FEZ “Bishkek” investors from around the world, especially from Russia, Kazakhstan, China, Korea, Afghanistan, Iran, Turkey, India, Saudi Arabia and other countries have successfully carried out their activities.

The FEZ "Bishkek" to date, created 2500 jobs.

FEZ “Bishkek” allows in it’s territory implementation of industrial and other economic activities related to the use of domestic and foreign goods, subject to the Law of the Kyrgyz Republic "On free economic zones in the Kyrgyz Republic" and other regulatory legal acts of the Kyrgyz Republic.

The import from abroad (imports):

When importing equipment, raw materials and products to the territory of FEZ "Bishkek" from other countries, taxes and fees are not charged (zero rate). Goods heading to FEZ "Bishkek" on the territory of Kyrgyzstan are moving in transit mode.

The export abroad (exports):

Exports of goods produced in the FEZ "Bishkek" to the territory of the Member States of the Customs Union, as well as outside the customs territory of the Customs Union shall be exempt from the quota with the exception of entry to the territory of the Kyrgyz Republic.

Payment for the right to carry out activities on the territory of FEZ "Bishkek" as the subject of FEZ "Bishkek" is set at 2% of the proceeds from the sale of goods, works and services at the end of registration of invoices and customs declarations. Customs duties are levied at a rate of 0.25% of the customs value of goods.

The export to the domestic market:

When exporting the finished product for sale on the territory of the Kyrgyz Republic the amount that exceeds 30% of the total volume of produced goods for each subject of FEZ "Bishkek" in the course of the year, is subject to taxation in accordance with tax legislation of the Kyrgyz Republic.

In addition to the basic benefits and privileges established by the legislation of the Kyrgyz Republic, FEZ "Bishkek" offers the following opportunities:

- a low rental costs of the real estate;

• for production and office premises up to 3 (three) US dollars per 1 sq.m. per year, with the date of commissioning;

• land for one (1) dollar per 1 sq.m. in year;

- a zero rate of income tax in the FEZ "Bishkek";

- a zero rate of tax for import, export of raw materials and finished products;